Our Towns Civic Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850569508 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Our Towns Civic Foundation Inc?

Our Towns Civic Foundation Inc, located in Washington, D.C., is a nonprofit organization committed to revitalizing small-town journalism. They provide editorial, technical, and operational support to journalists and journalistic organizations nationwide, aiming to make the success of a renewable era more probable. The foundation shares stories of local innovators, distills lessons from their successes and failures, fosters connections among like-minded individuals, encourages new journalistic models, and helps innovators realize they are part of a larger movement. Through its initiatives, Our Towns Civic Foundation Inc seeks to promote a more connected and informed society, focusing on local stories and their implications.


Official website here: www.ourtownsfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 74%, earning a Two-Star out of Four Star rating.

Our Towns Civic Foundation Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths, there are significant areas for improvement. The foundation scores well in several categories, including having a fully independent board and a solid liabilities to assets ratio. Transparency is also a strong point, as they publish their tax forms and board meeting minutes on their website.

However, the foundation has notable weaknesses, particularly in governance and compliance. The lack of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about its accountability practices. Although the organization has a decent program expense ratio, the overall score reflects a need for enhancements in financial accountability and operational transparency.

In summary, while Our Towns Civic Foundation Inc shows promise with its governance structure and financial health, it must address its governance deficiencies to improve its rating and enhance stakeholder trust. Addressing these weaknesses could lead to a better overall evaluation in the future.


This AI summary has been generated from information found on Charity Navigator.

Is Our Towns Civic Foundation Inc legitimate?

Our Towns Civic Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Towns Civic Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ourtownsfoundation.org

What is the mission statement of Our Towns Civic Foundation Inc?

Our Towns Civic Foundation Inc's mission is centered around making the success of a renewable era more probable. To achieve this, the foundation reports on and shares the stories of local innovators, distilling and disseminating the lessons from their successes or failures. They actively promote connections among like-minded individuals across the country, both in virtual and real-world settings. Additionally, the foundation encourages the development of new journalistic models and technologies to cover local stories and their implications. By doing so, they aim to help now-disconnected innovators and reformers realize they are part of a larger community, thereby fostering a sense of unity and collaboration.


Official website here: www.ourtownsfoundation.org

Who is the CEO of Our Towns Civic Foundation Inc?

James Fallows is the Member of Our Towns Civic Foundation Inc.


Official website here: www.ourtownsfoundation.org

What is the revenue of Our Towns Civic Foundation Inc?

Our Towns Civic Foundation Inc's revenue in 2022 was $726,117.


Official website here: www.ourtownsfoundation.org

Who are the executives of Our Towns Civic Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Lincoln Caplan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Fallows (Co Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Fallows (Co Founder)
  • Compensation: $25,000
  • Related: $0
  • Other: $0


Official website here: www.ourtownsfoundation.org

Where can I find the form 990 for Our Towns Civic Foundation Inc?

Our Towns Civic Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ourtownsfoundation.org

Learn more at the official website: www.ourtownsfoundation.org

Mission Statement of Our Towns Civic Foundation Inc

Our Towns Civic Foundation Inc aims to increase the likelihood of a successful renewable era. To achieve this objective, the foundation focuses on several key areas. Firstly, it reports and shares the stories of local innovators, highlighting both their successes and failures. Secondly, the foundation promotes connections among like-minded individuals across the country, fostering a sense of community both virtually and in real-world settings.

In addition, Our Towns Civic Foundation Inc encourages the development of new journalistic models and technologies to cover local stories and their implications. This initiative aims to bridge the gap between now-disconnected innovators and reformers, helping them realize that they are part of a larger movement. Lastly, the foundation distills the lessons learned from these stories and shares them with others, providing valuable insights and knowledge. By doing so, Our Towns Civic Foundation Inc aims to contribute to the success of a renewable era.

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Impact




July, 2024

Our Towns Civic Foundation Inc's impact revolves around rejuvenating small-town journalism by providing editorial, technical, and operational support for journalists and journalistic organizations across the country. By reporting on and sharing the stories of local innovators, distilling and sharing the lessons of their successes or failures, promoting connections among like-minded individuals, and encouraging new journalistic models and technologies, the foundation is helping to make the success of a renewable era more probable. Through these efforts, they are fostering community improvement and enabling disconnected innovators and reformers to realize that they are part of something larger.




This information is meant to be a general summary of Our Towns Civic Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$726,117 (2022)
Expenses
$297,567 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,827
  • Gross Receipts: $726,117

Assets and Liabilities:

  • Total Assets: $644,936
  • Total Liabilities: $0
  • Net Assets: $644,936

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Organization Details

Founding Year

2020

Principal Officer

James Fallows

Main Address

4780 DEXTER STREET NW, WASHINGTON, DC, 20007

NTEE Category

Code: S99 - Community improvement

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